60-99 70 ave, Ridgewood, NY 11385

43 Photos
 
$3,100,000
Active for Sale
 
Listing ID 11082116
Property Type Commercial Building
County Queens
Township Queens
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Neighborhood Ridgewood
Total Tax $12,755
Year Built 1931
   
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Hurry Wont last this Corner Mixuse in the Heart of Ridgewood

Location Location Looking for your next Investment property Stop your search has ended. Don't Miss out on this Mix use Corner property located in the historical district of Ridgewood the property sit on a 25 x100 lot with interior square footage of 3600 with additional air rights of of 1400 sqft that can be added. Zoning is R6 C1-4. The property features 4 commercial space along with 2 residential units on the 2nd and 3rd fl great income producer with upside potential. Close to all major franchises with lots of foot traffic built in 1931 this Historical piece is hard to come by .Only 3 blocks from the M train don't let this one pass you by .
Property Details
  • 6 Full Baths
  • 3600 SF
  • 2500 SF Lot
  • Built in 1931
  • Renovated 2018
  • 3 Stories
  • Available 6/03/2022
  • Full Basement
  • Lower Level: Unfinished
Unit Information
Unit #1Residential, Gross Area: 1100, Rent Price: 2900, Bedrooms: 1, Full Baths: 1, Occupied
Unit #2Residential, Gross Area: 1100, Rent Price: 2100, Bedrooms: 3, Full Baths: 1, Occupied
Unit #3Retail, Gross Area: 450, Rent Price: 2875, Occupied
Unit #4Retail, Gross Area: 500, Rent Price: 2652, Full Baths: 1, Occupied
Unit #5Retail, Gross Area: 650, Rent Price: 3400, Full Baths: 1, Occupied
Unit #6Retail, Gross Area: 350, Rent Price: 1800, Full Baths: 1, Occupied
Interior Features
  • Hardwood Flooring
  • Ceramic Tile Flooring
  • 1 Heat/AC Zones
  • Natural Gas Fuel
  • 110 Amps
Exterior Features
  • Brick Siding
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
  • Street View
  • Near Bus
  • Near Train
Commercial Info
  • 5% Cap. Rate
Income/Expenses
  • Gross Income $188,724
  • Net Income $166,394
  • Insurance Exp $3,089
  • Heat Exp $3,689
  • Electric Exp $997
  • Water Exp $1,800
  • Total Exp $22,330
  • Paid by Landlord: Gas, Water, Insurance
Taxes and Fees
  • $12,755 Total Tax
Listed By
ONE STOP MULTISERVICE INC
Office: 718-554-0257
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